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Definition of 'The Conference Board'
A not-for-profit research organization for businesses that distributes information about management and the marketplace. It is a widely quoted private source of business intelligence.
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Investopedia explains 'The Conference Board'
The Conference Board connects some 2,000 companies via forums and peer-to-peer meetings to discuss what matters to companies today: issues such as top-line growth in a shifting economic environment and corporate governance standards. However, the Conference Board is best known for it's widely followed economic indicators, particularly the Consumer Confidence Index.
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We look at this closely watched economic indicator to see what it means and how it's calculated.
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The Consumer Confidence Index is a unique indicator designed to gauge the relative financial health, spending power and confidence of the average consumer.
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It's the key to any market economy, so investors need to learn the measures and how to analyze them.
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